Breaking News : China Banning Companies from Conducting ICOs

Few hours ago a news broke out and with this news whole crypto market is in blood bath. Price of every altcoin including bitcoin have plunged down to over -20% in few minutes.

At the time of writing Ethereum was trading below $300 range while NEO which is also known as chinese Ethereum experiences a heavy dump of over 50%. Low price for NEO on bittrex is $16.50 which is almost half from high price of $31, this massive drops occurs in just few minutes when news broke out.

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